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Construction procurement is the process of acquiring goods, services, and labor needed for the construction of a building, infrastructure, or other type of project. Various methods of procurement can be used, each with its advantages and disadvantages. Take a look at our breakdown of the four main methods: Also known as design-bid-build, traditional procurement is the most common method in.
Every hiring client seeks suppliers that meet and exceed expectations regarding safety , work ethics, and project management. As suppliers, contractors are expected to demonstrate their training and expertise by adhering to prequalifications requirements. Contractor prequalifications are third-party audits and certifications that serve as proof of skill, dedication to maintaining safe working conditions, and adherence to regulations like OSHA.
A fractional CFO, or Chief Financial Officer, is a finance professional working part-time, retainer, or contract. They bring the experience and expertise of a high-level CFO to your business – without the cost of hiring a full-time, in-house employee. Fractional CFOs service several clients simultaneously, typically on a part-time, retainer, or contract basis.
Construction sites are inherently hazardous workplace environments, with potential risks ranging from falling debris to dangerous machinery. As such, construction projects need to have effective hazard communication systems in place. Hazard communication informs workers about the safety risks and hazards associated with a construction project and provides instructions for avoiding them.
The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.
This adaptive reuse trend is now extending to abandoned big-box buildings. With a number of traditional retailers closing locations or going out of business, they are leaving millions of square feet behind for redevelopment. Our first experience with this was turning an old Kmart into a mixed-use retail development. But from experiential retail, restaurants, and entertainment to fun and fitness , developers have recently gotten a lot more creative in their approach to commercial retail redevelop
Why You Need a Full-Charge Bookkeeper ccapoccia Thu, 09/21/2023 - 09:23 Construction business owners regularly ask me what their controller’s or bookkeeper’s job description should include. They know they must be able to generate an income statement (P&L), pay the bills, prepare payroll, collect receivables and take care of other accounting tasks.
Why You Need a Full-Charge Bookkeeper ccapoccia Thu, 09/21/2023 - 09:23 Construction business owners regularly ask me what their controller’s or bookkeeper’s job description should include. They know they must be able to generate an income statement (P&L), pay the bills, prepare payroll, collect receivables and take care of other accounting tasks.
Objective, reliable, and veriable Construction Cost Estimates are critical to best value outcomes for all repair, renovation, maintenance, and new build activities. The estimating process begins with a comprehensive understanding of your project’s scope of work. A knowledgeable and well-trained estimating team is a key component along with a robust processes, procedures, a objective and granular local market construction task data. #1 Pre-Estimate Stage Reviewing Requirements Owner crea
Architectural design is a creative and complex process that requires careful consideration and expertise. It uses various materials, elements, shapes, and colors to create a stunning visual space. Architects use this creative process to make a structure that is aesthetically pleasing and functional. Architectural design has been around since the dawn of civilization and continues […] The post Architectural Design Trends: From Minimalism To Futurism appeared first on The Constructor.
Promote to rotator No Rotator Image Status of webinar Featured Stay on top of every project and maximize profitability. Thu, 10/26/2023 - 12:00 1:00 p.m. Central An accurate and timely Work-in-Progress (WIP) report is one of the most essential tools a contractor can use to optimize cash flow. WIP reporting provides construction companies with the insight needed to determine if active jobs are under-billed or over-billed allowing you to stay on top of every project and maximize profitability.
Take your construction business to the next level with our comprehensive 2025 funding guide! Whether you're managing seasonal cash flow challenges, dealing with unexpected equipment repairs, or planning to scale your operations, securing the right funding is essential for success. This guide explores a range of fast and flexible financing options tailored for construction businesses.
Sustainability and Efficient Facilities Lifecycle Management go hand in hand. While most of us are aware of the rampant economic and environmental waste associated with the repair, renovation, maintenance, and new construction of buildings and other physical infrastructure, few understand that solutions are readily available or have the will and commitment to deploy them.
Architectural landscape design is an important aspect of transforming a space into an aesthetically pleasing and mentally stimulating environment. By understanding the psychology of landscape design, architects and designers can use elements such as colors, shapes, and materials to create a space that enhances well-being. The psychological impact of a space is often hard to […] The post The Psychology Of Architectural Landscape Design: Enhancing Well-being appeared first on The Constructor
At Autodesk, our goal is to help your teams work faster and smarter all year long. This month, we have more than 35 product releases across Autodesk Construction Cloud platform and products, including Autodesk Build, Autodesk BIM Collaborate, Autodesk Takeoff, ProEst, BuildingConnected, Assemble, and BIM 360. Click below to get the key info you need to know: Autodesk Construction Cloud Platform Autodesk Build Autodesk BIM Collaborate Autodesk Takeoff ProEst BuildingConnected Assemble BIM 360 Aut
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Transforming shopping malls into 21st century neighborhoods 0 qpurcell Tue, 09/19/2023 - 10:38 Adaptive Reuse As we reimagine the antiquated shopping mall, Marc Asnis, AICP, Associate, Perkins&Will, details four first steps to consider. Marc Asnis, AICP MFPRO+ Blog University Buildings Healthcare Facilities Mixed-Use Apartments Retail Centers Shopping Centers Designers Architects Adaptive Reuse Exterior Restoration Interior Architecture Sustainability Sustainable Development The death of the 20t
Every homeowner knows that window issues are inevitable. And while the thought of it might be daunting, many common problems can actually be handled with relative ease.
Calling all field teams: in case you missed it, Autodesk University is fast approaching, and we’d love to see you there! AU 2023 is taking place in Las Vegas between November 13-15. While we can’t guarantee that “What happens in Vegas stays in Vegas,” we can tell you that AU 2023 brings a host of enlightening sessions, a vibrant expo floor, and unparalleled networking experiences.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
The benefits of strategic multifamily housing repositioning 0 dbarista Thu, 09/21/2023 - 13:12 MFPRO+ Blog With the rapid increase in new multifamily housing developments, owners of existing assets face increasing competition. As their assets age and the number of new developments increases seemingly day-by-day, developers will inevitably have to find a way to stay relevant.
In the last 20 years, the number of buildings in the world that are at least 200 meters tall has increased by nearly 500%. As teams get larger and construction projects become more complex, proper document management needs to be an integral part of your workflow. Poor document management is detrimental to a project and can lead to delays, budget overruns , and rework.
Budgeting, forecasting, and financial planning directly impact construction project outcomes. Inaccurate projections lead to cost overruns and delays. This guide outlines best practices for financial discipline, including forecasting methodologies, resource allocation strategies, and risk mitigation frameworks. Industry leaders recognize that precise financial control is essential for profitability and project stability.
Style Meets Safety with Fire Rated Glass Fences 1 kcichowicz Thu, 09/21/2023 - 12:53 SAFTI FIRST For homes and developments built near or in wildland-urban interface (WUI) areas and designated fire zones, fire rated glass fences introduce a remarkable innovation that seamlessly combines safety and aesthetics. In recent years, we’ve seen a growing demand for our USA-made “ SAFTI FENCE ”, a 60 minute fire rated glass fence.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
5 Helpful Resources for Designing & Building with Engineered Wood 1 kcichowicz Thu, 09/21/2023 - 15:53 Multifamily Housing From in-depth, technical publications with detailed illustrations and examples to in-person consultations with engineered wood specialists, APA offers a host of helpful resources for commercial designers and installers working with engineered wood.
New York and New Jersey officials are fast developing programs aimed to expand energy infrastructure and boost resilience and sustainability, fueled by billions of dollars in federal funding.
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